Hugh Hefner net worth

Net Worth: $43 Million

About Hugh Hefner

Hugh Hefner is mostly referred to when talking about Playboy, since he is known as the founder of the company, which brought him millions of dollars. It has been estimated that Hugh Hefner net worth reaches 43 million dollars. Hugh Hefner is known as a publisher of Playboy magazine as well as the chief creative officer of Playboy Enterprises, which is one of the most known brands internationally.

His first job was working in the Esquire magazine, which he left because his boss denied him to raise his salary with 5 dollars. In order to start his own magazine, which was Playboy and which started to accumulate Hugh Hefner net worth, he generated a loan of 600 dollars from bank, put his furniture on mortgage and also got 1000 dollars from his mother because she believed in her son and not his business venture, as Hugh Hefner told later in one of his interviews. Initially, the magazine was supposed to be called “Stag Party”. The first number of the magazine featured photos of Marilyn Monroe from her nude calendar shoot and it was published in 1953. 50 thousand copies of the magazine were sold, thus Hugh Hefner realized that this business venture could become quite successful.

In 1955, the Esquire refused to publish his article about men who were straight and were prosecuted in the homosexuality world, where homosexuality was a normal phenomenon. Thus, he published the article in Playboy.

In addition to having one of the most popular companies in the world, Hugh Hefner has also appeared in various films and TV shows, mostly as himself. These appearances added extra money to the overall amount of Hugh Hefner net worth. There also was a documentary made about the star, called “Hugh Hefner: Playboy, Activist and Rebel”. The documentary was released in 2010. One of the TV shows which featured his Playboy mansion and its residents was called “The Girls Next Door”, which was a reality show which lasted for six seasons and comprised of 90 episodes.

In 2013, Hugh Hefner announced that he is getting help from his family in order to run his Playboy business – his son Cooper was planning to succeed him. This is actually very important knowing the fact that Hugh Hefner has already suffered minor strokes several times. Nevertheless, Hugh Hefner is known as one of the most successful business people in the world and the amount of Hugh Hefner net worth can prove it.